Ethiopian athletics legend Haile Gebreselassie and reigning world marathon champion Alphonce Simbu will be the chief guests at the 22nd edition of the Sports Personality of the Year (SOYA) Awards set for April 10 at Uhuru Gardens. Speaking during the media launch on Wednesday, SOYA founder Paul Tergat said inviting the two stars aligns with a broader vision to expand the awards beyond Kenya. “Under our 2025–2030 strategy, we see SOYA growing into the East African region and beyond, establishing a platform that reflects the potential and strength of African sport,” said Tergat. Gebreselassie remains one of the most decorated…
Author: NBM CORRESPONDENT
At the 2026 edition of Mobile World Congress, TECNO signaled an ambitious push to reposition itself at the intersection of artificial intelligence, imaging technology, and lifestyle design, unveiling a new generation of devices anchored on its “Practical AI for All” philosophy. The headline act was the CAMON 50 Series, a flagship smartphone lineup that underscores the brand’s growing focus on AI-powered imaging and user-centric design for emerging markets such as Kenya. The series introduces three models targeting a wide spectrum of users—from everyday smartphone consumers to content creators and photography enthusiasts—while maintaining a strong emphasis on affordability. The devices leverage…
The wait is over. The March 2026 edition of Nairobi Business Monthly is hot off the press, and we are peeling back the layers on the biggest stories impacting your wallet, your business, and the future of the Kenyan economy. From the surprising resilience of the Kenyan Shilling to the real cost of borrowing from top-tier banks, this issue is packed with the data-driven journalism and exclusive insights you rely on. Here is a sneak peek of what’s inside this month’s must-read issue: Inside the March 2026 Issue: COVER STORY: The Shilling & The Gold Rush While global markets tumble amid the…
By Njeri Kagwe Public relations professionals in Kenya are operating in a far more demanding environment than ever before, where reputational risk is shaped not only by headlines and public sentiment, but also by the law. Beyond the familiar guardrails of the PR Code of Ethics, the Media Council Act and the Consumer Protection Act, communications leaders must contend with two fast-rising areas of exposure: data protection and intellectual property. These are no longer issues to address after a campaign has gone live or once a crisis erupts, but governance priorities that determine whether an organization can build trust, protect…
The dust settled on another thrilling edition of the legendary Safari Rally Kenya as the third round of the 2026 FIA World Rally Championship (WRC) concluded Sunday amid scenes of celebration across the Rift Valley. Japan’s Takamoto Katsuta and co-driver Aaron Johnston secured a historic maiden victory in the WRC, conquering the brutal terrain after four days of high drama on the toughest gravel rally in the world. The Toyota Gazoo Racing (TGR) WRT pair inherited the lead during a chaotic Saturday morning when multiple frontrunners retired in the killer Sleeping Warrior stage. TGR team-mates Oliver Solberg, Sébastien Ogier and…
State fuel transporter debuts as one of the largest firms on the Nairobi bourse after the government sells a 65% stake through a historic IPO. The Kenya Pipeline Company (KPC) has officially begun trading its shares on the Nairobi Securities Exchange (NSE), marking a historic moment for Kenya’s capital markets as the state-owned fuel transporter enters the stock market with a market capitalization of about Sh163.6 billion. The listing follows a successful initial public offering (IPO) in which the Kenyan government sold a 65 percent stake in the company to investors, raising approximately Sh106.3 billion — one of the largest…
The Aga Khan Fund for Economic Development (AKFED) has announced the sale of its controlling stake in Nation Media Group (NMG), marking the end of a 66-year relationship with one of East Africa’s most influential media houses. The development follows an agreement in which AKFED sold its entire shareholding in NPRT Holdings Africa Limited to Taarifa Ltd, a company owned by Tanzanian businessman Rostam Azizi. NPRT Holdings Africa Limited holds 54.08 per cent stake in Nation Media Group, representing more than 92 million ordinary shares in the company. The transaction effectively hands Azizi the controlling interest in the Nairobi-based media…
Residents of Murang’a are feeling the strain of rising egg prices, with traders attributing the high cost to a low supply of eggs in the market. A spot check by KNA in several shops and egg outlets within Murang’a town revealed that the price of eggs has risen by more than 30 per cent in the past few weeks. Some traders have attributed the increase to the high cost of poultry feed, rising transport costs, and reduced production due to cold weather caused by ongoing rains in the region. In Murang’a town, egg wholesaler Emma Wanjiru noted that the price…
Absa Bank Kenya PLC has reported a 10 per cent growth in profit after tax, reaching Sh22.9 billion for the year ended 31 December 2025, driven by resilient revenue streams, disciplined cost management, and improved asset quality. The lender’s total revenue for the period stood at Sh61.4 billion, reflecting the impact of changes in the interest rate environment. While net interest income declined by 6 per cent to Sh43.3 billion, non-interest income grew strongly by 12 per cent to Sh18.1 billion, largely supported by expansion in the payments business and digital channels. Speaking during the release of the annual financial…
In a thrilling finale to the Nairobi County Cricket Association (NCCA) T20 League, Swamibapa A emerged victorious, defeating Sir Ali A by a resounding 10 wickets at the Ruaraka ground to retain their T20 Crown in style. The match was a masterclass by the Swamibapa A team, who showcased exceptional bowling and batting prowess without losing a single wicket. Sir Ali A, who won the toss and elected to bat first, were restricted to a paltry 88 runs in 17.2 overs. Shem Ngoche was the star of the match, claiming 4 crucial wickets to help Swamibapa A restrict their opponents…
